Learn Advanced Pure Elliott Wave Online Course
Advanced Pure Elliott Wave
Lara Iriarte, CMT
This course is intended as a practical guide to applying the Elliott Wave principle in live market conditions. It assumes a solid understanding of the basic Elliott Wave rules and structures and focuses instead on how to use them in real time to make trading and investing decisions. It teaches how to manage alternate counts, recognise a structure as it unfolds, and adjust expectations as the market evolves.
You’ll learn how to approach each position in the Elliott Wave sequence — from Waves 1 through 5, and A through C — with clarity and purpose. The course outlines which structures are most probable in each position, how to use that information to manage risk, and how to identify setups with favorable reward-to-risk profiles. You’ll also learn how to apply channels to define price territory and how to remain objective when market movement challenges your preferred count.
The focus throughout is on probability, not prediction. The goal is not to be certain, but to make informed decisions with structure-based logic. You’ll develop the skill to rank alternates, measure risk, and adapt confidently when the market moves in an unexpected direction.
If you’ve learned the Elliott Wave rules but find real-time application difficult, this course will help bridge the gap. It gives you a structured method to apply the theory with consistency and discipline — and includes a bonus lesson from trader Jordan Marshall on his specific proven profitable trading strategy using Elliott Wave, which he has developed over 5 years.
Why Take This Course?
- Learn how to apply Elliott Wave through all stages of a trend, from the first wave to the last.
- Use structure and probability to manage trades as markets move.
- Identify valid alternate counts and evaluate them with logic, not bias.
- Build a repeatable approach that applies Elliott Wave with clarity and discipline.
What You’ll Learn
- How to identify which structures are valid in each wave position, and which are most likely.
- How to use Elliott Wave in real time to make decisions with objectivity and structure.
- How to apply channels, define risk, and set reward targets with clarity.
- How to develop a complete strategy that applies Elliott Wave with consistency.
Who This Course Is For
This course is designed for those who have already completed the Learn Pure Elliott Wave course or have equivalent experience with Elliott Wave.
Recommended background:
- Have a full understanding of Elliott Wave.
- Be familiar with basic technical analysis tools.
Course Outline
Lesson 1 – Wave 1: Anticipating the Beginning of a Trend
Learn to recognize the earliest signs of a trend change. Understand which structures are most likely to unfold in a Wave 1, and how to manage your count as price action develops. You’ll also explore the challenges of calculating reward at this early stage and how to use channels and rules to identify risk levels.
Lesson 2 – Wave 2: Positioning for the Next Move
Discover how to manage a second wave as it unfolds and prepare for the most profitable opportunity in the sequence—Wave 3. You’ll learn how to evaluate potential structures, shift between alternate counts, and pinpoint entry levels with high reward-to-risk setups at the end of a second wave.
Lesson 3 – Wave 3: Capturing High-Probability Momentum
Master the most explosive part of the Elliott Wave sequence. Learn how to stay confidently in a trade using rule-based structures, channeling techniques, and 95% probability targets. You’ll also explore the key technical features of third waves that can confirm your position and increase trade conviction.
Lesson 4 – Wave 4: Navigating Corrections with Discipline
Wave 4 often tests patience and clarity. This lesson focuses on identifying the range of likely corrective structures and how to identify risk for different possible strutures. You’ll also learn how to use specific rules to manage a position entered in Wave 1 when navigating a fourth wave pullback.
Lesson 5 – Wave 5: Knowing When to Stay or Exit
Understand how to trade and manage positions during Wave 5. You’ll learn which structures are most probable in this final motive wave, how to assess continuation potential, and when to consider taking profit. This lesson emphasises discipline and end-of-trend awareness using support/resistance and price channels.
Lesson 6 – Wave A: Detecting the Start of Trend Reversals
Learn how to identify when a major trend change may be underway. You’ll explore the structures of Wave A, how to spot its onset with confidence, and manage alternates during reversal conditions. This lesson teaches you to navigate early-stage countertrend setups with clear risk controls.
Lesson 7 – Wave B: Managing the Most Difficult Wave
Wave B is known for its deceptive nature. This lesson dives into the wide range of B wave structures, including flats, triangles, and combinations. Learn to recognise the traps and focus on risk management while identifying signs of B wave completion.
Lesson 8 – Wave C: Timing and Targeting the Final Leg
Capitalise on the final leg of a correction. You’ll learn how to confirm the end of Wave B and spot the beginning of Wave C. Apply structure probabilities and use channeling tools to manage entries and exits with clarity. This lesson sharpens your skills in ending structure setups.
Bonus Lessons
Lesson 9 – Ambiguity: What to Do When It’s Unclear
Markets aren’t always obvious. This lesson equips you to deal with the most common ambiguous situations, especially around major trend turns. Learn to work with multiple valid alternates that point in the same direction, and how to preserve capital and clarity when the count is uncertain.
Lesson 10 – Jordan Marshall’s Trading Strategy
Bring everything together to build a trading approach grounded in Pure Elliott Wave. Learn how to integrate fear management, reward targeting, entry timing, and structure recognition into a repeatable and confident trading strategy. This final lesson is all about execution, discipline, and application. Jordan reveals his proven, profitable trading strategy, detailing the specific rules he follows and demonstrating how to effectively apply them.
Bonus Materials
- Lesson 9 – Ambiguity: What to Do When It’s Unclear
- Lesson 10 – Jordan Marshall Trading Strategy
- Free digital (PDF) copy of Lara’s Pure Elliott Wave book
- Printable PDF of Elliott Wave rules and guidelines
- “Cheat Sheet” of structure probabilities based on research across 8 markets
Instructor
Lara Iriarte is a Chartered Market Technician (CMT) with over 17 years of experience in the financial markets. She specialises in Elliott Wave and technical analysis, providing clear, actionable guidance to a wide range of clients — from asset managers to private investors. Known for her ability to simplify complex structures, Lara brings a data-driven, strategic approach to every chart. This course reflects the same clarity and precision she’s known for in her professional reports. You can find more about her and Pure Elliott Wave here.